Mr Price jumps, forecasts profit rise

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Mr_Price

Independent Newspapers

Mr Price retail store. Photo supplied.

Johannesburg - Shares of Mr Price rise more than 5 percent after the South African discount retailer says earnings for the year to end-March were likely up by as much as 23 percent.

Mr Price, which sells clothing and household goods, will release its final results on May 27.

Its shares are up 5.24 percent to 165.78 rand. - Reuters


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